营运资金管理对中小企业的盈利能力的影响[外文翻译]-其他专业.docVIP

本科毕业论文（设计） 外 文 翻 译 原文： Effects Of Working Capital Management On Sme Profitability The corporate finance literature has traditionally focused on the study of long-term financial decisions. Researchers have particularly offered studies analyzing investments, capital structure, dividends or company valuation, among other topics. But the investment that firms make in short-term assets, and the resources used with maturities of under one year, represent the main share of items on a firm’s balance sheet. In fact, in our sample the current assets of small and medium-sized Spanish firms represent 6